New Delhi, July 7 In a major relief for power distribution companies, the government has now given them the freedom to terminate or continue drawing power from a project that has completed 25 years of operations. In a letter to
Mumbai, June 29 (IANS) Dues of private coal-based independent power producers (IPPs, or gencos) are expected to wind down to a four-year low of less than 100 days by end of this fiscal, and well below the pre-pandemic levels, CRISIL’s analysis
New Delhi, June 28 (IANS) The government has yet again come out in support of the power sector that had remained financially stressed despite several instalments of financial and reform packages. Announcing an economic relief package in the wake of Covid-19
To generate solar power by installing solar panels on the roof of the houses, Ministry of New and Renewable Energy, Government of India is implementing Grid-connected Rooftop Solar Scheme (Phase-II). Under this scheme Ministry is providing 40% subsidy for the
New Delhi, Jan 2 Delhi’s peak power demand hit the season’s highest level at 5,021 MW on Friday, owing to the ongoing cold wave conditions, power distribution company (discom) BSES said. It is the first time this winter that the
New Delhi, Dec 4 At a time when the Covid-19 pandemic continues to affect the lives of the people, Delhi electricity distribution company (discom) BSES has announced that it has handed over around 850 tablets to Delhi Deputy Chief Minister
New Delhi, Oct 23 In a breather for bankrupt power generation companies, an insolvency tribunal has ruled that going concern status of such companies have to be maintained during the entire resolution process. The National Company Law Appellate Tribunal (NCLAT)
New Delhi, Sep 20 Loans totalling Rs 70,590 crore have been sanctioned so far to power distribution companies (discom) out of the Rs 90,000-crore liquidity package announced by the Centre, Union Power Minister RK Singh told the Rajya Sabha on
New Delhi, June 22 The Union government’s ambitious Rs 90,000 crore plan to inject liquidity for electricity distribution companies has been a non-starter as state governments are reluctant to extend guarantees on loans given to such discoms due to their
New Delhi, May 15 Financially stressed discoms will be offered loans at cheaper rates of 8.5 to 9 per cent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation
New Delhi, Dec 8 In a bid to end the bane of power outages even at a time of surplus production, the government will bring in a law to penalise distribution companies in the event of their indulging in “gratuitous load
New Delhi, June 8 Delhi Chief Minister Arvind Kejriwal on Wednesday said that Lt Governor Anil Baijal agreed to his government’s proposal that power companies should pay compensation to the consumers for unscheduled power cuts. “LG agreed DISCOMS (power distribution
Kolkata, Aug 24 Union Finance Minister Arun Jaitley on Sunday said the steel, power and the sugar sector along with the discoms remain stressed sectors and the government is addressing the challenges involved. “There are serious challenges in steel, power,
New Delhi, June 18 The power distribution companies in the capital will have to pay fine to their consumers for long power cuts, the Delhi government said on Wednesday. The government has asked the Delhi Electricity Regulatory Commission to slap
New Delhi, April 17 Delhi government on Thursday asked three private power distribution companies (discoms) to furnish information about former DERC and power department officials of the state government working for them. “Provide details regarding any relationship of BYPL/BRPL/TPDDL with
New Delhi, Sep 20 The Supreme Court issued notices to the three private distribution power utilities in the capital as to why government subsidies due to them should not be adjusted against their current outstanding dues, as opposed to what
New Delhi, June 9 Delhi Lt. Governor Najeeb Jung directed the power companies to announce the schedule for power cuts to people in advance and stop electricity supply to malls after 10 p.m. “Peak load conditions occur in the city
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